Imports of wheat to Georgia increased by almost 40%, and for 7 months of this year amounted to 27 million dollars in monetary terms, while in the same period last year - 19 million dollars - information about this is published by the investment bank Galt&Taggart.

"In August 2023 wheat prices increased by 2.2 per cent. Uncertainty remains over grain supplies due to the Russian-Ukrainian conflict and the termination of the grain agreement. Canada, one of the major wheat producing countries, is expected to experience dry weather in 2023, leading to a 14 per cent decline in production in 2023. Despite the increased uncertainty, benchmark wheat prices are still 20 per cent lower than last year. due to a bumper crop in the northern hemisphere," the survey said.